Malaysia and Thailand record quarterly positive Ebitda and net cashflow for 1Q19.
In 2018, two out of three countries that iCar operated in turned profitable.
Support will help the startup consolidate its market position in Malaysia.
Malaysia and Thailand expected to be the key drivers of pushing the Group to breakeven by December 2019.
Revenue rises 12% from 1H17 to US$3,668,020.
Car bidding platform links sellers to dealers In Malaysia’s largest automotive platform.
An increase of 29% over the same period last year to US$2.37 million.
Responsible for the group's finance function across operations in all markets
The appointment is effective immediately.
Launches a Big Data platform that will share customer behaviour data with consumers such as car manufacturers, dealers, banks and insurance companies.